Reduction in Peanut Loan Value
There was an Urgent Notice released in the October 1 edition of Peanut Farm Market News. ” On October 1, 2013 all commodities, including peanuts, will have a 5.1% reduction in their respective marketing assistance loans. This reduction for peanuts will be approximately $18.11 per ton FSP on base grade. Instead of a $355 per ton …